Ameriabank inks $20m loan agreements with responsAbility, GCPFDecember 16, 2021 - 17:12 AMT PanARMENIAN.Net - Ameriabank has signed $20 million loan agreements with responsAbility Investments AG and the Global Climate Partnership Fund (GCPF) aimed at financing small and medium size enterprises and green projects in Armenia. Artak Hanesyan, Ameriabank CEO, commented: “As an impact-aware financial institution, we constantly work on improving our environmental footprint further, and we are delighted to have our long-standing partners at ResponsAbility and GCPF with us on this journey. SME financing and green projects in particular are a priority for us, and with these facilities we will be able to expand access to finance for Armenian SMEs at the same time ensuring positive environmental impact.” “Together with the Global Climate Partnership Fund, responsAbility is glad to support Ameriabank with long term Senior Loans. The latter is a long-standing partner and one of our largest exposures worldwide. We look forward to, through this funding, strengthen our support to local SME’s and green projects, and thus contribute to the economic recovery of Armenia, following the dual shock witnessed in 2020,” commented Younes Bouaziz, Senior Investment Officer, responsAbility, MENA and Caucasus. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |